ProShares UltraShort Bitcoin ETF
SBIT
8 hedge funds and large institutions have $4.23M invested in ProShares UltraShort Bitcoin ETF in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 7 closing their positions.
528% more call options, than puts
Call options by funds: $4.15M | Put options by funds: $661K
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
6.25% less ownership
Funds ownership: 12.3% → 6.05% (-6.3%)
33% less funds holding
Funds holding: 12 → 8 (-4)
46% less capital invested
Capital invested by funds: $7.88M → $4.23M (-$3.66M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.44M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.29M |
| 3 |
Jane Street
New York
|
+$402K |
| 4 |
HCM
Hudson Capital Management
Ramsey,
New Jersey
|
+$326K |
| 5 |
GTAM
Global Trust Asset Management
West Palm Beach,
Florida
|
+$35.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.58M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$930K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$87.8K |
SBIT Hedge Fund Activity: Q3 2025 in Review
8 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bitcoin ETF (SBIT) for Q3 2025, worth a combined $4.23M — down 46% from $7.88M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SBIT and 3 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $1.44M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.7M sold.
- 8 institutional investors held ProShares UltraShort Bitcoin ETF (SBIT) as of Q3 2025, down from 12 in Q2 2025.
- Funds reported $4.23M of ProShares UltraShort Bitcoin ETF stock for Q3 2025, down 46% quarter-over-quarter.
- 3 funds opened new ProShares UltraShort Bitcoin ETF positions in Q3 2025 and 7 closed out, a net change of -4 holders.
- The largest ProShares UltraShort Bitcoin ETF buyer in Q3 2025 was Renaissance Technologies, an estimated $1.44M added.
- The largest ProShares UltraShort Bitcoin ETF seller in Q3 2025 was Susquehanna International Group, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2025.